U.K. trade deficit in goods narrows to £10.53 billion in April

Market news

9 June 2016

U.K. trade deficit in goods narrows to £10.53 billion in April

The U.K. Office for National Statistics (ONS) released trade data for the U.K. on Thursday. The U.K. trade deficit in goods narrowed to £10.53 billion in April from £10.65 billion in March. March's figure was revised up from a deficit of £11.20 billion.

The decline in deficit was driven by a rise in good exports, which increased by £11.2 billion in April.

The total trade deficit, including services, narrowed to £3.29 billion in April from £3.53 billion in March. It was the lowest level since September 2015.

March's figure was revised up from a deficit of £3.83 billion.

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